TGS and Oseberg’s combined offering helps E&P companies reduce operational risks

The lease data provided by Oseberg in the TGS Well Data application overlaying the well data. Credit: TGS.

Energy data and intelligence provider TGS has partnered with next-generation data company Oseberg on a new offering for exploration and production (E&P) companies.

Oseberg provides lease and regulatory data for the energy sector, transforming unusable oil and gas public filings into actionable intelligence.

Go deeper with GlobalData

Reports

WTG Gas Texas Pipeline, United States

Data Insights

The gold standard of business intelligence.

Find out more

This collaboration aims to enhance the capabilities of TGS’ Well Data Analytics (WDA) platform by incorporating Oseberg’s comprehensive lease data attributes, offering users a more robust analytical tool.

The integration’s first phase allows WDA users to access lease ownership information for Texas, New Mexico and Oklahoma in the US, alongside other critical subsurface well data.

By combining these datasets, E&P companies can streamline well planning, decrease legal and operational risks, and refine development strategies.

The partnership is expected to provide merger and acquisition analysis, project site planning, investment evaluation and resource inventory management.

GlobalData Strategic Intelligence

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

TGS’ WDA tool combines high-quality well data with adaptable search workflows, map-based visualisations, advanced plotting and customisable dashboards within a cloud-based application.

TGS Well Data Products vice-president Carl Neuhaus said: “Our partnership with Oseberg creates a full-service subsurface data offering combining the highest quality lease data with the most comprehensive geological and well database.

“Integrating Oseberg lease ownership data empowers our users to verify land ownership in minutes and use TGS data to quantify resource deliverability, improve development planning accuracy and quickly identify the most valuable opportunities. As always, these workflows are developed with customers to ensure seamless integration and hassle-free displacement of existing solutions.”

TGS recently initiated a 3D seismic reprocessing project in the Krishna-Godavari Basin in India. The project aims to upgrade the value of existing seismic data through advanced processing techniques.